Prime Focus Surges 10% as Top Investors Pick 3.3% Stake via Block Deals

Prime Focus hit a 10% upper circuit at ₹158.37 on September 5 after marquee investors acquired a 3.3% stake worth ₹146.2 crore through block deals. Madhusudan Kela’s Singularity AMC bought 62.5 lakh shares (2.01%), while Ramesh Damani and Utpal Sheth picked up 8 lakh and 17.5 lakh shares, respectively. FE Securities and Samyak Enterprises also participated. Sellers included Augusta Investments I (1.75%) and Marina IV (1.55%). In related moves, Tourism Finance Corporation gained 1.6% as Director Aditya Kumar Halwasiya acquired 1.29% stake, while Zee Media rose 0.5% after promoter Auv Innovations bought 0.8% from Miloeux Media. #PrimeFocus #BlockDeal #RameshDamani #MadhusudanKela #UtpalSheth #StockMarket